Legal Proceedings
+Added: 2018, California Custom Beverage, LLC’s (“CCB”), an entity owned by Christopher J.
+Added: Reed, a former related party, assumed
+Added: the monthly payments on our lease obligation for a Los Angeles manufacturing plant, and our release from the obligation by the lessor,
+Added: however, is dependent upon CCB’s deposit of $1,200 of security with the lessor.
+Added: As of December 31, 2023, $800 has been deposited
+Added: with the lessor and Chris J.
+Added: Reed has placed approximately 7,260 shares of the Company’s common stock valued at $12 that remain
+Added: in escrow with the lessor.
time to time, we are a party to ordinary, routine litigation incidental to our business.
5 unchanged sentences
Although the results of such litigation matters and claims cannot be predicted with certainty,
−Removed: we believe that the final outcome of ordinary, routine litigation will not have a material adverse impact on our financial position,
+Added: we believe that the final outcome of such ordinary, routine litigation will not have a material adverse impact on our financial position,
liquidity, or results of operations.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.